December Cotton: There is still more downside in store

I am tracking the makings od an EW 5 wave impulse down from the highs. I believe wave 5 has just started and barring some king of truncation this will travel lower than 62. In face if wave 1 tracks equality with wave 1 which some times happen price could go to 59. xx area. By the way the cool monet has been made but there is still some on the table in my opinion